401k Plan data: INNOVATIVE MACHINE CORPORATION 401(K) PLAN plan

INNOVATIVE MACHINE CORPORATION 401(K) PLAN 401k Plan overview

Plan Name	INNOVATIVE MACHINE CORPORATION 401(K) PLAN
Plan identification number	001

INNOVATIVE MACHINE CORPORATION 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

INNOVATIVE MACHINE CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: INNOVATIVE MACHINE CORPORATION

Employer identification number (EIN): 631195878

NAIC Classification: 333200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INNOVATIVE MACHINE CORPORATION 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 JOAN HUDSON
001 2016-01-01 JOAN HUDSON
001 2015-01-01 JOAN HUDSON
001 2014-01-01 JOAN HUDSON
001 2013-01-01 JOAN HUDSON
001 2012-01-01 JOAN HUDSON
001 2011-01-01 DONNA MACON

Plan Statistics for INNOVATIVE MACHINE CORPORATION 401(K) PLAN

401k plan membership statisitcs for INNOVATIVE MACHINE CORPORATION 401(K) PLAN

Measure Date Value
2022: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 22
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 17
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 3
Total of all active and inactive participants 2022-01-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 20
Number of participants with account balances 2022-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 27
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 20
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 2
Total of all active and inactive participants 2021-01-01 22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 22
Number of participants with account balances 2021-01-01 15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 24
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 24
Number of other retired or separated participants entitled to future benefits 2020-01-01 3
Total of all active and inactive participants 2020-01-01 27
Total participants 2020-01-01 27
Number of participants with account balances 2020-01-01 17
2019: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 30
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 22
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 2
Total of all active and inactive participants 2019-01-01 24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 24
Number of participants with account balances 2019-01-01 17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 27
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 27
Number of other retired or separated participants entitled to future benefits 2018-01-01 3
Total of all active and inactive participants 2018-01-01 30
Total participants 2018-01-01 30
Number of participants with account balances 2018-01-01 16
2017: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 27
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 25
Number of other retired or separated participants entitled to future benefits 2017-01-01 2
Total of all active and inactive participants 2017-01-01 27
Total participants 2017-01-01 27
Number of participants with account balances 2017-01-01 14
2016: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 29
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 26
Number of other retired or separated participants entitled to future benefits 2016-01-01 1
Total of all active and inactive participants 2016-01-01 27
Total participants 2016-01-01 27
Number of participants with account balances 2016-01-01 14
2015: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 23
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 6
Total of all active and inactive participants 2015-01-01 29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 29
Number of participants with account balances 2015-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 28
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 21
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 7
Total of all active and inactive participants 2014-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 28
Number of participants with account balances 2014-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2013: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year 2013-01-01 26
Total number of active participants reported on line 7a of the Form 5500 2013-01-01 20
Number of retired or separated participants receiving benefits 2013-01-01 0
Number of other retired or separated participants entitled to future benefits 2013-01-01 8
Total of all active and inactive participants 2013-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2013-01-01 0
Total participants 2013-01-01 28
Number of participants with account balances 2013-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2013-01-01 0
2012: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year 2012-01-01 20
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 20
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 8
Total of all active and inactive participants 2012-01-01 28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 28
Number of participants with account balances 2012-01-01 23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0
2011: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 19
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 15
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 5
Total of all active and inactive participants 2011-01-01 20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 20
Number of participants with account balances 2011-01-01 20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2011-01-01 0

Measure	Date	Value
2022: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	22
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	17
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	3
Total of all active and inactive participants	2022-01-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	20
Number of participants with account balances	2022-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	27
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	20
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	2
Total of all active and inactive participants	2021-01-01	22
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	22
Number of participants with account balances	2021-01-01	15
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	24
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	24
Number of other retired or separated participants entitled to future benefits	2020-01-01	3
Total of all active and inactive participants	2020-01-01	27
Total participants	2020-01-01	27
Number of participants with account balances	2020-01-01	17
2019: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	30
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	22
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	2
Total of all active and inactive participants	2019-01-01	24
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	24
Number of participants with account balances	2019-01-01	17
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	27
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	27
Number of other retired or separated participants entitled to future benefits	2018-01-01	3
Total of all active and inactive participants	2018-01-01	30
Total participants	2018-01-01	30
Number of participants with account balances	2018-01-01	16
2017: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	27
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	25
Number of other retired or separated participants entitled to future benefits	2017-01-01	2
Total of all active and inactive participants	2017-01-01	27
Total participants	2017-01-01	27
Number of participants with account balances	2017-01-01	14
2016: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	29
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	26
Number of other retired or separated participants entitled to future benefits	2016-01-01	1
Total of all active and inactive participants	2016-01-01	27
Total participants	2016-01-01	27
Number of participants with account balances	2016-01-01	14
2015: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	23
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	6
Total of all active and inactive participants	2015-01-01	29
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	29
Number of participants with account balances	2015-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	28
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	21
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	7
Total of all active and inactive participants	2014-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	28
Number of participants with account balances	2014-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2013: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year	2013-01-01	26
Total number of active participants reported on line 7a of the Form 5500	2013-01-01	20
Number of retired or separated participants receiving benefits	2013-01-01	0
Number of other retired or separated participants entitled to future benefits	2013-01-01	8
Total of all active and inactive participants	2013-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2013-01-01	0
Total participants	2013-01-01	28
Number of participants with account balances	2013-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2013-01-01	0
2012: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year	2012-01-01	20
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	20
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	8
Total of all active and inactive participants	2012-01-01	28
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	28
Number of participants with account balances	2012-01-01	23
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0
2011: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	19
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	15
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	5
Total of all active and inactive participants	2011-01-01	20
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	20
Number of participants with account balances	2011-01-01	20
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2011-01-01	0

Financial Data on INNOVATIVE MACHINE CORPORATION 401(K) PLAN

Measure	Date	Value
2023 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2023 401k financial data
Transfers to/from the plan	2023-12-31	$0
Total plan liabilities at end of year	2023-12-31	$0
Total plan liabilities at beginning of year	2023-12-31	$0
Total income from all sources	2023-12-31	$810,089
Expenses. Total of all expenses incurred	2023-12-31	$75,173
Benefits paid (including direct rollovers)	2023-12-31	$75,098
Total plan assets at end of year	2023-12-31	$3,576,404
Total plan assets at beginning of year	2023-12-31	$2,841,488
Value of fidelity bond covering the plan	2023-12-31	$350,000
Assets. Value of tangible personal property	2023-12-31	$0
Total contributions received or receivable from participants	2023-12-31	$106,794
Assets. Value of loans (other than to participants)	2023-12-31	$0
Expenses. Other expenses not covered elsewhere	2023-12-31	$0
Contributions received from other sources (not participants or employers)	2023-12-31	$20,482
Other income received	2023-12-31	$649,551
Noncash contributions received	2023-12-31	$0
Net income (gross income less expenses)	2023-12-31	$734,916
Net plan assets at end of year (total assets less liabilities)	2023-12-31	$3,576,404
Net plan assets at beginning of year (total assets less liabilities)	2023-12-31	$2,841,488
Assets. Value of participant loans	2023-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2023-12-31	$0
Assets. Value of real-estate (other than employer real property)	2023-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2023-12-31	$0
Assets. Value of employer securities	2023-12-31	$0
Assets. Value of employer real property	2023-12-31	$0
Total contributions received or receivable from employer(s)	2023-12-31	$33,262
Value of certain deemed distributions of participant loans	2023-12-31	$0
Value of corrective distributions	2023-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2023-12-31	$75
2022 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2022 401k financial data
Transfers to/from the plan	2022-12-31	$0
Total plan liabilities at end of year	2022-12-31	$0
Total plan liabilities at beginning of year	2022-12-31	$0
Total income from all sources	2022-12-31	$-501,406
Expenses. Total of all expenses incurred	2022-12-31	$64,245
Benefits paid (including direct rollovers)	2022-12-31	$64,245
Total plan assets at end of year	2022-12-31	$2,841,488
Total plan assets at beginning of year	2022-12-31	$3,407,139
Value of fidelity bond covering the plan	2022-12-31	$350,000
Assets. Value of tangible personal property	2022-12-31	$0
Total contributions received or receivable from participants	2022-12-31	$94,508
Assets. Value of loans (other than to participants)	2022-12-31	$0
Expenses. Other expenses not covered elsewhere	2022-12-31	$0
Contributions received from other sources (not participants or employers)	2022-12-31	$0
Other income received	2022-12-31	$-626,236
Noncash contributions received	2022-12-31	$0
Net income (gross income less expenses)	2022-12-31	$-565,651
Net plan assets at end of year (total assets less liabilities)	2022-12-31	$2,841,488
Net plan assets at beginning of year (total assets less liabilities)	2022-12-31	$3,407,139
Assets. Value of participant loans	2022-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2022-12-31	$0
Assets. Value of real-estate (other than employer real property)	2022-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2022-12-31	$0
Assets. Value of employer securities	2022-12-31	$0
Assets. Value of employer real property	2022-12-31	$0
Total contributions received or receivable from employer(s)	2022-12-31	$30,322
Value of certain deemed distributions of participant loans	2022-12-31	$0
Value of corrective distributions	2022-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2022-12-31	$0
2021 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2021 401k financial data
Transfers to/from the plan	2021-12-31	$0
Total plan liabilities at end of year	2021-12-31	$0
Total plan liabilities at beginning of year	2021-12-31	$0
Total income from all sources	2021-12-31	$604,471
Expenses. Total of all expenses incurred	2021-12-31	$50,622
Benefits paid (including direct rollovers)	2021-12-31	$50,622
Total plan assets at end of year	2021-12-31	$3,407,139
Total plan assets at beginning of year	2021-12-31	$2,853,290
Value of fidelity bond covering the plan	2021-12-31	$250,000
Assets. Value of tangible personal property	2021-12-31	$0
Total contributions received or receivable from participants	2021-12-31	$96,092
Assets. Value of loans (other than to participants)	2021-12-31	$0
Expenses. Other expenses not covered elsewhere	2021-12-31	$0
Contributions received from other sources (not participants or employers)	2021-12-31	$0
Other income received	2021-12-31	$481,105
Noncash contributions received	2021-12-31	$0
Net income (gross income less expenses)	2021-12-31	$553,849
Net plan assets at end of year (total assets less liabilities)	2021-12-31	$3,407,139
Net plan assets at beginning of year (total assets less liabilities)	2021-12-31	$2,853,290
Assets. Value of participant loans	2021-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2021-12-31	$0
Assets. Value of real-estate (other than employer real property)	2021-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2021-12-31	$0
Assets. Value of employer securities	2021-12-31	$0
Assets. Value of employer real property	2021-12-31	$0
Total contributions received or receivable from employer(s)	2021-12-31	$27,274
Value of certain deemed distributions of participant loans	2021-12-31	$0
Value of corrective distributions	2021-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2021-12-31	$0
2020 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2020 401k financial data
Transfers to/from the plan	2020-12-31	$0
Total plan liabilities at end of year	2020-12-31	$0
Total plan liabilities at beginning of year	2020-12-31	$0
Total income from all sources	2020-12-31	$432,179
Expenses. Total of all expenses incurred	2020-12-31	$50,325
Benefits paid (including direct rollovers)	2020-12-31	$50,250
Total plan assets at end of year	2020-12-31	$2,853,290
Total plan assets at beginning of year	2020-12-31	$2,471,436
Value of fidelity bond covering the plan	2020-12-31	$250,000
Assets. Value of tangible personal property	2020-12-31	$0
Total contributions received or receivable from participants	2020-12-31	$82,756
Assets. Value of loans (other than to participants)	2020-12-31	$0
Expenses. Other expenses not covered elsewhere	2020-12-31	$0
Contributions received from other sources (not participants or employers)	2020-12-31	$0
Other income received	2020-12-31	$320,234
Noncash contributions received	2020-12-31	$0
Net income (gross income less expenses)	2020-12-31	$381,854
Net plan assets at end of year (total assets less liabilities)	2020-12-31	$2,853,290
Net plan assets at beginning of year (total assets less liabilities)	2020-12-31	$2,471,436
Assets. Value of participant loans	2020-12-31	$0
Assets. Value of assets in partnership/joint-venture interests	2020-12-31	$0
Assets. Value of real-estate (other than employer real property)	2020-12-31	$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-102	2020-12-31	$0
Assets. Value of employer securities	2020-12-31	$0
Assets. Value of employer real property	2020-12-31	$0
Total contributions received or receivable from employer(s)	2020-12-31	$29,189
Value of certain deemed distributions of participant loans	2020-12-31	$0
Value of corrective distributions	2020-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2020-12-31	$75
2019 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2019 401k financial data
Transfers to/from the plan	2019-12-31	$0
Total plan liabilities at end of year	2019-12-31	$0
Total plan liabilities at beginning of year	2019-12-31	$0
Total income from all sources	2019-12-31	$631,009
Expenses. Total of all expenses incurred	2019-12-31	$248,310
Benefits paid (including direct rollovers)	2019-12-31	$248,310
Total plan assets at end of year	2019-12-31	$2,471,436
Total plan assets at beginning of year	2019-12-31	$2,088,737
Value of fidelity bond covering the plan	2019-12-31	$150,000
Total contributions received or receivable from participants	2019-12-31	$111,205
Expenses. Other expenses not covered elsewhere	2019-12-31	$0
Contributions received from other sources (not participants or employers)	2019-12-31	$0
Other income received	2019-12-31	$479,408
Noncash contributions received	2019-12-31	$0
Net income (gross income less expenses)	2019-12-31	$382,699
Net plan assets at end of year (total assets less liabilities)	2019-12-31	$2,471,436
Net plan assets at beginning of year (total assets less liabilities)	2019-12-31	$2,088,737
Total contributions received or receivable from employer(s)	2019-12-31	$40,396
Value of certain deemed distributions of participant loans	2019-12-31	$0
Value of corrective distributions	2019-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2019-12-31	$0
2018 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2018 401k financial data
Transfers to/from the plan	2018-12-31	$0
Total plan liabilities at end of year	2018-12-31	$0
Total plan liabilities at beginning of year	2018-12-31	$0
Total income from all sources	2018-12-31	$-22,424
Expenses. Total of all expenses incurred	2018-12-31	$21,275
Benefits paid (including direct rollovers)	2018-12-31	$21,250
Total plan assets at end of year	2018-12-31	$2,088,737
Total plan assets at beginning of year	2018-12-31	$2,132,436
Value of fidelity bond covering the plan	2018-12-31	$150,000
Total contributions received or receivable from participants	2018-12-31	$97,988
Expenses. Other expenses not covered elsewhere	2018-12-31	$0
Contributions received from other sources (not participants or employers)	2018-12-31	$0
Other income received	2018-12-31	$-160,244
Noncash contributions received	2018-12-31	$0
Net income (gross income less expenses)	2018-12-31	$-43,699
Net plan assets at end of year (total assets less liabilities)	2018-12-31	$2,088,737
Net plan assets at beginning of year (total assets less liabilities)	2018-12-31	$2,132,436
Total contributions received or receivable from employer(s)	2018-12-31	$39,832
Value of certain deemed distributions of participant loans	2018-12-31	$0
Value of corrective distributions	2018-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2018-12-31	$25
2017 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2017 401k financial data
Transfers to/from the plan	2017-12-31	$0
Total plan liabilities at end of year	2017-12-31	$0
Total plan liabilities at beginning of year	2017-12-31	$0
Total income from all sources	2017-12-31	$430,537
Expenses. Total of all expenses incurred	2017-12-31	$4,000
Benefits paid (including direct rollovers)	2017-12-31	$4,000
Total plan assets at end of year	2017-12-31	$2,132,436
Total plan assets at beginning of year	2017-12-31	$1,705,899
Value of fidelity bond covering the plan	2017-12-31	$150,000
Total contributions received or receivable from participants	2017-12-31	$81,807
Expenses. Other expenses not covered elsewhere	2017-12-31	$0
Contributions received from other sources (not participants or employers)	2017-12-31	$0
Other income received	2017-12-31	$317,021
Noncash contributions received	2017-12-31	$0
Net income (gross income less expenses)	2017-12-31	$426,537
Net plan assets at end of year (total assets less liabilities)	2017-12-31	$2,132,436
Net plan assets at beginning of year (total assets less liabilities)	2017-12-31	$1,705,899
Total contributions received or receivable from employer(s)	2017-12-31	$31,709
Value of certain deemed distributions of participant loans	2017-12-31	$0
Value of corrective distributions	2017-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2017-12-31	$0
2016 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2016 401k financial data
Transfers to/from the plan	2016-12-31	$0
Total plan liabilities at end of year	2016-12-31	$0
Total plan liabilities at beginning of year	2016-12-31	$0
Total income from all sources	2016-12-31	$241,398
Expenses. Total of all expenses incurred	2016-12-31	$22,594
Benefits paid (including direct rollovers)	2016-12-31	$22,569
Total plan assets at end of year	2016-12-31	$1,705,899
Total plan assets at beginning of year	2016-12-31	$1,487,095
Value of fidelity bond covering the plan	2016-12-31	$150,000
Total contributions received or receivable from participants	2016-12-31	$85,949
Expenses. Other expenses not covered elsewhere	2016-12-31	$0
Contributions received from other sources (not participants or employers)	2016-12-31	$0
Other income received	2016-12-31	$119,665
Noncash contributions received	2016-12-31	$0
Net income (gross income less expenses)	2016-12-31	$218,804
Net plan assets at end of year (total assets less liabilities)	2016-12-31	$1,705,899
Net plan assets at beginning of year (total assets less liabilities)	2016-12-31	$1,487,095
Total contributions received or receivable from employer(s)	2016-12-31	$35,784
Value of certain deemed distributions of participant loans	2016-12-31	$0
Value of corrective distributions	2016-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2016-12-31	$25
2015 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2015 401k financial data
Transfers to/from the plan	2015-12-31	$0
Total plan liabilities at end of year	2015-12-31	$0
Total plan liabilities at beginning of year	2015-12-31	$0
Total income from all sources	2015-12-31	$112,197
Expenses. Total of all expenses incurred	2015-12-31	$125,950
Benefits paid (including direct rollovers)	2015-12-31	$125,950
Total plan assets at end of year	2015-12-31	$1,487,095
Total plan assets at beginning of year	2015-12-31	$1,500,848
Value of fidelity bond covering the plan	2015-12-31	$150,000
Total contributions received or receivable from participants	2015-12-31	$82,163
Expenses. Other expenses not covered elsewhere	2015-12-31	$0
Contributions received from other sources (not participants or employers)	2015-12-31	$0
Other income received	2015-12-31	$-3,617
Noncash contributions received	2015-12-31	$0
Net income (gross income less expenses)	2015-12-31	$-13,753
Net plan assets at end of year (total assets less liabilities)	2015-12-31	$1,487,095
Net plan assets at beginning of year (total assets less liabilities)	2015-12-31	$1,500,848
Total contributions received or receivable from employer(s)	2015-12-31	$33,651
Value of certain deemed distributions of participant loans	2015-12-31	$0
Value of corrective distributions	2015-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2015-12-31	$0
2014 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2014 401k financial data
Transfers to/from the plan	2014-12-31	$0
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$216,514
Expenses. Total of all expenses incurred	2014-12-31	$71,556
Benefits paid (including direct rollovers)	2014-12-31	$71,556
Total plan assets at end of year	2014-12-31	$1,500,848
Total plan assets at beginning of year	2014-12-31	$1,355,890
Value of fidelity bond covering the plan	2014-12-31	$150,000
Total contributions received or receivable from participants	2014-12-31	$76,110
Expenses. Other expenses not covered elsewhere	2014-12-31	$0
Contributions received from other sources (not participants or employers)	2014-12-31	$0
Other income received	2014-12-31	$108,433
Noncash contributions received	2014-12-31	$0
Net income (gross income less expenses)	2014-12-31	$144,958
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$1,500,848
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$1,355,890
Total contributions received or receivable from employer(s)	2014-12-31	$31,971
Value of certain deemed distributions of participant loans	2014-12-31	$0
Value of corrective distributions	2014-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2014-12-31	$0
2013 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2013 401k financial data
Transfers to/from the plan	2013-12-31	$0
Total plan liabilities at end of year	2013-12-31	$0
Total plan liabilities at beginning of year	2013-12-31	$0
Total income from all sources	2013-12-31	$327,623
Expenses. Total of all expenses incurred	2013-12-31	$38,961
Benefits paid (including direct rollovers)	2013-12-31	$38,961
Total plan assets at end of year	2013-12-31	$1,355,890
Total plan assets at beginning of year	2013-12-31	$1,067,228
Value of fidelity bond covering the plan	2013-12-31	$150,000
Total contributions received or receivable from participants	2013-12-31	$67,007
Expenses. Other expenses not covered elsewhere	2013-12-31	$0
Contributions received from other sources (not participants or employers)	2013-12-31	$0
Other income received	2013-12-31	$231,277
Noncash contributions received	2013-12-31	$0
Net income (gross income less expenses)	2013-12-31	$288,662
Net plan assets at end of year (total assets less liabilities)	2013-12-31	$1,355,890
Net plan assets at beginning of year (total assets less liabilities)	2013-12-31	$1,067,228
Total contributions received or receivable from employer(s)	2013-12-31	$29,339
Value of certain deemed distributions of participant loans	2013-12-31	$0
Value of corrective distributions	2013-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2013-12-31	$0
2012 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2012 401k financial data
Total income from all sources	2012-12-31	$258,488
Expenses. Total of all expenses incurred	2012-12-31	$99,054
Benefits paid (including direct rollovers)	2012-12-31	$98,979
Total plan assets at end of year	2012-12-31	$1,067,228
Total plan assets at beginning of year	2012-12-31	$907,794
Value of fidelity bond covering the plan	2012-12-31	$150,000
Total contributions received or receivable from participants	2012-12-31	$85,676
Other income received	2012-12-31	$137,538
Net income (gross income less expenses)	2012-12-31	$159,434
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$1,067,228
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$907,794
Total contributions received or receivable from employer(s)	2012-12-31	$35,274
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$75
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
2011 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2011 401k financial data
Total income from all sources	2011-12-31	$112,673
Expenses. Total of all expenses incurred	2011-12-31	$56,883
Benefits paid (including direct rollovers)	2011-12-31	$56,880
Total plan assets at end of year	2011-12-31	$907,794
Total plan assets at beginning of year	2011-12-31	$852,004
Value of fidelity bond covering the plan	2011-12-31	$150,000
Total contributions received or receivable from participants	2011-12-31	$100,221
Other income received	2011-12-31	$-29,629
Net income (gross income less expenses)	2011-12-31	$55,790
Net plan assets at end of year (total assets less liabilities)	2011-12-31	$907,794
Net plan assets at beginning of year (total assets less liabilities)	2011-12-31	$852,004
Total contributions received or receivable from employer(s)	2011-12-31	$42,081
Expenses. Administrative service providers (salaries,fees and commissions)	2011-12-31	$3
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2011-12-31	$0
2010 : INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2010 401k financial data
Total income from all sources	2010-12-31	$256,546
Expenses. Total of all expenses incurred	2010-12-31	$7,178
Benefits paid (including direct rollovers)	2010-12-31	$7,178
Total plan assets at end of year	2010-12-31	$852,004
Total plan assets at beginning of year	2010-12-31	$602,636
Total contributions received or receivable from participants	2010-12-31	$99,127
Other income received	2010-12-31	$115,689
Net income (gross income less expenses)	2010-12-31	$249,368
Net plan assets at end of year (total assets less liabilities)	2010-12-31	$852,004
Net plan assets at beginning of year (total assets less liabilities)	2010-12-31	$602,636
Total contributions received or receivable from employer(s)	2010-12-31	$41,730
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0

Form 5500 Responses for INNOVATIVE MACHINE CORPORATION 401(K) PLAN

2022: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	This submission is the final filing	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	This submission is the final filing	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	This submission is the final filing	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2013: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2013 form 5500 responses
2013-01-01	Type of plan entity	Single employer plan
2013-01-01	Submission has been amended	No
2013-01-01	This submission is the final filing	No
2013-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2013-01-01	Plan is a collectively bargained plan	No
2013-01-01	Plan funding arrangement – Trust	Yes
2013-01-01	Plan benefit arrangement - Trust	Yes
2012: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes
2011: INNOVATIVE MACHINE CORPORATION 401(K) PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	Submission has been amended	No
2011-01-01	This submission is the final filing	No
2011-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	INNOVATIVE MACHINE CORPORATION
Employer identification number (EIN):	631195878
NAIC Classification:	333200